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Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility

On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC, down 54% from the 2,405...
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Bitcoin (BTC) $ 98,423.37 4.86%
Ethereum (ETH) $ 3,352.10 9.61%
Tether (USDT) $ 1.00 0.19%
Solana (SOL) $ 255.26 9.50%
BNB (BNB) $ 620.92 2.74%
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